A big difference with imports is they keep them in the home markets for
several years before exporting them to us. The locals suffer with the
new build bugs.
The Honda Fit is just coming to Canada, that's 4+ years after it was
available in Japan.
I've suffered a few times with new mechanical design on NA cars.
Thanks to the internet info, which now makes it easy for me to avoid
significant new mechanical design for at least two years.
If this keeps up, GMs sales may drop by the millions. Perhaps even all the
way down to the level of Toyota or Honda sales numbers. I doubt GMs sales
will ever go THAT low, since the largest current recall is from Toyota for
several million cars that can lose steering control. ;)
Hey Mike, did you see the May sales report?
Here are the highlights
May 2006 Vehicle Sales
cars trucks total
GM 126.9 208.5 335.4
Ford 99.3 161.7 261.0
DC 52.0 139.2 191.3
Toyota 144.9 90.8 235.7
Honda 84.9 56.9 141.8
Analysis (and some more facts):
Mike likes to say how much GM outsells Honda and Toyota combined. Hey
Mike, do the math; it wasn't true in May. Look how close Toyota is to
Ford in total vehicles. If the May trends were to hold up, Toyota
would outsell Ford in 2007. Toyota would outsell GM in 2008.
Now that won't happen because Toyota doesn't have the capacity... yet.
And we can't be too serious about extrapolating from one month's
sales, but it sure was an interesting month.
The number one CAR maker in May is Toyota. Honda is closing in on
number three (Ford). Trucks are rapidly losing their attraction as
gas prices soar. (cars sales up 6% in May, trucks down 7%.) Honda
car sales were up 20%. Toyota +25% Ford +6% GM car sales were DOWN
A lot more of the trucks that are being sold are from Honda (+9%) and
Toyota (+7%) rather than GM (-10%) and Ford (-7%).
GM total vehicle sales are down 8% YTD vs. 2005. Recall that those
2005 sales were so bad that GM ran the biggest fire sale in history.
No doubt that major sell-off (and the prospect of another one) is
depressing GM and Ford sales now. In the short term GM will cut
production. If that is not enough, another fire sale may be in order.
In the long term, GM will have to contract their business or go out of
business all together. That is when Toyota will pass them.
Why does anyone here waste their time talking about General Motors, Ford or
the fact that when you buy a Mercedes now you get a Chrysler trasmission
and/or engine? This is HONDA! Talk about HONDA. They make world class
vehicles that are heads above GM, Ford & DC. These 3 do not sell squat
outside of the US and the only thing that keeps them afloat are fleet sales
for pickups and SUVS that have 1950s technology. Let's keep the discussion
to HONDA here. If you want talk about GM, go to GM's newsgroups. There, you
can discuss the Hummer and all their other 1950s pickups and SUVS.
Re-red the reply dingbat. No disagreement that GM and Ford currently
outsell any import brand. But Ford and GM are not just losing share,
they are losing sales fast. And just to specifically highlight those
vehicle sales results:
Ford 260,985 - 2% 1,199,566 - 3%
Toyota 235,708 + 17% 1,000,524 +9%
Ford still outsells Toyota, but not by much. If the current trend
were to hold for a couple years, Toyota would be outselling Ford.
I guess your figures are for US only
Toyota is number two in the world and closing in on GM fast
GM is decreasing world wide and question is what will make Toyota
number one faster Toyotas increasing production and sales or GMs losing
Toyota will not increase faster than they can do the whole marketing
Toyota is not only about producing more and then try to sell
That is a major component in their strategy and is what makes them
number one soon
Gordon McGrew wrote:
That is going to piss of Honda and Toyota, who are trying hard to break into
the corporate fleet and the rental fleet markets. Honda and Toyota have had
near zero penetration with the corporate fleets, but some success in with
the rental fleets. Honda and Toyota can not beat the Korean cars
penetration of the corporate fleet and rental fleet markets now. One can
only wonder what will happen when the Chinese become their competitor. ;)
Honda and Toyota are capacity constrained. That is why Honda just
announced that they are building another US factory. Since they can't
keep up with the highly profitable retail demand, why would they want
to underbid GM, Ford and the Koreans for the bottom feeding fleet
GM and Ford need the fleet sales to keep their volumes up. Otherwise,
the fixed costs kill them. GM vows to limit their fleet sales this
year. Since their retail sales are in the toilet, they will either
have to relent or seriously reduce production. Maybe both.
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